WPT Global’s $8.5m Guaranteed Fall Festival Introduces Mystery Bounty Format

Jonathan
09 Sep 2024
Jonathan Raab 09 Sep 2024
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  • WPT Global's Fall Festival has $8.5m in Prizepool Guarantees
  • Fall Festival runs from 8-30 September, 2024
  • Newly launched Mystery Bounty format will feature heavily
  • PokerWired goad's Alex Scott to increase guarantees to $9m ;)
WPT Global's Fall Festival, 3-30 September, 2024
WPT Global Announces Fall Festival with $8.5M guaranteed and introduces Mystery Bounty format

*UPDATE - The Fall Festival Has been postponed and will be rescheduled for later this year. Players who had won tickets to Fall Festival events have been compensated*

Online poker site WPT Global has announced its upcoming Fall Festival, scheduled to take place from September 8th to September 30th. This series will feature over $8.5 million in guaranteed prize pools, making it the largest tournament series in the online poker site's history. 

In conjunction with this announcement, WPT Global has also introduced a new Mystery Bounty tournament format, which is now live.

Mystery Bounty Tournaments Arrive at WPT Global

The newly launched Mystery Bounty tournaments on WPT Global offer a variation on the traditional bounty format. In this format, the amount of each bounty remains a mystery until after a player is eliminated. 

The format is structured in the usual mystery bounty way with bounties only awarded once players have reached the prize money. When a bounty is won, a chest is opened revealing the prize for the player who scored the elimination. 

This format has already shown early signs of popularity; for example, the $55 Lucky PKO $30,000 GTD tournament saw a record 771 entries after it was converted to the Mystery Bounty format. This represented an increase of 20% on the previous attendance record for this particular tournament.

WPT Global has also introduced a pop-out feature that allows players to track the distribution of bounties during the tournament.

Alongside this new tournament format, WPT Global has introduced new final table animations and themes.

$8.5m Fall Festival’s Schedule will Include Mystery Bounty Tournaments

WPT Global has now confirmed the total guarantees for its Fall Festival will be $8.5m. This is half a million more than the $8m in guarantees which the site had for its recent Summer Festival, which generated over $1m in overlay.

It’s worth remembering that WPT Global initially set the guarantees for the Summer Festival at $7m, but upped it to $8m a few days after making the original announcement.

$8.5m is also a really horrible number, so spare us the wait and just up it to $9m now, as we think you might be planning to do this anyway.

The increased attendance in the recent mystery bounties will surely give CEO Alex Scott the confidence to make this call before the weekend begins.

WPT Global has not released the full tournament schedule yet, but has confirmed The Fall Festival will include a variety of events with significant prize pools, with Mystery Bounty featuring heavily in the schedule alongside live versions of World Poker Tour events.

Fall Festival Event Highlights

  • Mystery Bounty Tournaments: These will feature prominently throughout the series, with a total of $3 million in guaranteed prize money. A daily $110 buy-in Mystery Bounty event with a $40K guarantee is one of the highlights of the series.
  • Slam Events: Several established daily tournaments, such as the $55 Lucky $30K and $110 Nightly $27.5K, have also been switched to the Mystery Bounty format for the Fall Festival.
  • WPT Events: As per other festivals on WPT Global, the biggest and most prestigious events are online versions of the World Poker Tour’s flagship tournaments such as the $3,500 WPT Championship with a $1M guarantee, the $1,060 WPT Prime with a $750K guarantee, and the $530 WPT500 with a $400K guarantee. 
  • Participants Freeroll: A $50K freeroll will be available to all players who take part in the Fall Festival.

The WPT Championship and the WPT Prime Championship both failed to meet their identical guanatees during the Summer Festival, with the Prime event overlaying by $115,000. There could be more value on offer this time round, even if WPT Global doesn't bump up the overall guarantees to $9m.

How to Participate in the Fall Festival

Players wishing to take part in the festivities and try out the site’s new mystery bounty format are required to have an account with WPT Global. 

Unfortunately WPT Global is not yet available in all jurisdictions, but if you live in a country which is serviced by the site (such as Ireland), you can avail yourself of a matched deposit bonus of up to $1,500 by using PokerWired’s new player promo code WIRED when registering.

This is one of the most generous offers in the industry and if you’re a cash game player, there’s potentially up to 50% rakeback available too.

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